Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: bitterguy28 on October 23, 2024, 03:14:02 AM
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realms, a crypto governance hub, that focuses on creating DAOs or decentralized autonomous organizations built on the solana blockchain is going through some significant changes currently
the entity is now focusing on building more profit to sustain or continue the project realms promotes decentralization while also maintaining democracy and of course making sure it is driven by community engagement
Future plans also include enhancements to Solana’s governance standard for SPL tokens, with Realms aiming to fork the existing codebase to develop tailored solutions for various governance use cases. (https://icoholder.com/en/news/realms-transitions-to-profit-model-for-solana-daos)
what are your thoughts on these changes?
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What are your thoughts on these changes?
Well, am not familiar with Realms and this is my first time ever to encounter such an organization. Now, with that said, am sure that there is nothing permanent but change and since they analyze well where they are now and their current situation they might be seeing that things are not so good so they are opting to make things more focused on profit oriented movements. And yeah, there is no enterprise that can survive without making good money, not unless the platform is supported by grants, donations or by the government. So good luck to Realms and its many supporters all over the world...hope I would meet this crypto entity soon so we can all be making profits together.
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~snip~
Future plans also include enhancements to Solana’s governance standard for SPL tokens, with Realms aiming to fork the existing codebase to develop tailored solutions for various governance use cases. (https://icoholder.com/en/news/realms-transitions-to-profit-model-for-solana-daos)
Mate, I'm looking for information about SPL token on Coinmarketcap but there are so many that appear with the search word "SPL". This makes me confused to find information, I'm afraid I'm missing communication.
what are your thoughts on these changes?
I don't know much about the realms industry and this is the first time I've heard of it. Is this realm the same as the Metaverse?
I think there are a lot of industry platforms in crypto, some are from AI, Metaverse, NFT, Exchange, RWA and this is a new one that has emerged, namely Realms.
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Well, am not familiar with Realms and this is my first time ever to encounter such an organization. Now, with that said, am sure that there is nothing permanent but change and since they analyze well where they are now and their current situation they might be seeing that things are not so good so they are opting to make things more focused on profit oriented movements. And yeah, there is no enterprise that can survive without making good money, not unless the platform is supported by grants, donations or by the government. So good luck to Realms and its many supporters all over the world...hope I would meet this crypto entity soon so we can all be making profits together.
I am familiar with Realms, it's a powerful tool enabling communities and organizations to efficiently self-organize and manage themselves on Solana. Many major projects on Solana also have DAOs on Realms for easy community management and project development. However, Realms itself isn't very well-known in the crypto market.
DAOs were once considered a major trend in the market, but unfortunately, they couldn't achieve success in the 2021 cycle due to the unexpected crypto winter. Recently, DAO has been mentioned again, and Realms has the potential to become a platform that provides the most popular DAO environment, especially with the power of Solana.